Nigeria: Flutterwave Appoints Dipo Fatokun as Board Chair and Tosin Faniro-Dada as Non-Executive Director

Flutterwave, a leading payments technology company in Africa, has announced the appointment of Dipo Fatokun as the new Chairman of Flutterwave Technologies Solutions Limited. Additionally, Tosin Faniro-Dada, a distinguished ecosystem builder and investor, joins the board as an Independent Non-Executive Director. These appointments underscore Flutterwave’s commitment to maintaining the highest regulatory, compliance, and governance standards while driving innovation and growth in the fintech ecosystem.

Dipo Fatokun brings over 30 years of extensive experience in banking services, finance, strategy, and leadership, acquired from both the public and private sectors. As a former Director at the Central Bank of Nigeria (CBN), he played pivotal roles in landmark initiatives such as the Cashless Nigeria Initiative, Bank Verification Number project, and Treasury Single Account (TSA). His regulatory understanding and supervisory experience will bolster Flutterwave’s adherence to best practices and regulatory standards.

Tosin Faniro-Dada, with more than 17 years of experience in finance, corporate banking, and investment management, adds valuable expertise to the board. As a Partner at Breega, a prominent early-stage VC fund, she has supported tech founders across Africa, empowering them to tackle significant economic and social challenges. Her wealth of knowledge and passion for fostering innovation will further strengthen Flutterwave’s role as a catalyst for growth in the tech startup ecosystem.

Olugbenga Agboola, CEO and Founder of Flutterwave, expressed excitement about the appointments, emphasizing the company’s unwavering commitment to regulatory compliance and operational excellence. He highlighted the significance of Fatokun and Faniro-Dada’s combined expertise in advancing Flutterwave’s mission of driving payment innovation while upholding regulatory standards.

Dipo Fatokun, commenting on his appointment, expressed his pleasure in joining Flutterwave and affirmed his commitment to supporting the company’s vision of becoming a model fintech company in Africa. He highlighted Flutterwave’s vital role in the fintech ecosystem and its potential to drive payment innovations while maintaining regulatory compliance.

Similarly, Tosin Faniro-Dada conveyed her enthusiasm about joining Flutterwave’s board, emphasizing the company’s dedication to innovation and transformative impact in Africa’s financial landscape. She looks forward to contributing to Flutterwave’s strategic initiatives and shaping its future success.

These appointments follow Flutterwave’s recent hires focused on compliance, regulatory, and risk management, including the addition of Amanda Ortega as Head of Compliance, US. With Fatokun’s leadership and Faniro-Dada’s expertise, alongside the contributions of recent hires, Flutterwave aims to reinforce its culture of transparency, integrity, and accountability while driving continued growth and innovation in the fintech industry.